LACK OF POSTS

The posts will be few and far between today as I don't expect much market movement, and I need some down time in light of the past weeks action.

Also, the US open is down the road at Winged Foot and that will be the focus of the day. My guy Phil teeing off later this afternoon and I would love to see him win three in a row after all the talk of "when will Phil win his first major."



Major market indexes in the red and I bet the bulls are kind of happy to see a little digestion today, although not too much. I would not be surprised to see the market make some headway this afternoon as some folks like the idea of buying this little pullback.

Biggest losers are the metals and oil and is that INTC green again, yes, it is now up for the fourth day in a row after bottoming at the 16.75 area.

Also note how the DIA and the SPX have bounced from their Pivot Points. SPY pivot not going to work as it had its dividend today.